Labour promises $20M for Gisborne timber processing

Labour promises $20M for Gisborne timber processing
Pattrick Smellie
By Pattrick Smellie Feb. 17 (BusinessDesk) - The Labour Party is pledging up to $20 million, if elected, to support the region's timber processing sector, possibly by helping fund a prefabricated housing plant. Such an initiative would dovetail with Labour's KiwiBuild policy to fund construction of 100,000 affordable homes over a decade. The announcement, by party leader Andrew Little at Gisborne's Prime Sawmill today, is the second in a series of targeted regional development investment announcements that Labour plans to roll out in e...